Investment banking firm BNP Paribas India has roped in Ganeshan Murugaiyan as head of investment banking and global strategic coverage for India, the company has said in a statement today.
Prior to this appointment, Murugaiyan worked as the head of investment banking at UBS Securities India where his key responsibilities included M&A and capital markets. He had also worked with Merrill Lynch until 2006.
In his new role, Murugaiyan will report to Jacques Michel, CEO and country head, BNP Paribas India, and Christian de Charnace, head of corporate finance for BNP Paribas Asia-Pacific.
Murugaiyan holds a post-graduate diploma in management from IIM-Kolkata.
“We are delighted to have someone of Ganeshan’s calibre and rich experience to lead our investment banking franchise in India. India is an exciting market with strong cross-border potential and this appointment highlights our commitment to growing our investment banking presence here while leveraging on our global reach,” said Christian de Charnace.
In India, BNP Paribas is an active player in corporate and investment banking, offering products across businesses which include fixed income & debt capital markets, structured finance, cash management & trade, and export & project finance. The group has three core business lines in India – corporate & investment banking, investment solutions and retail banking – and operates across eight major cities.
BNP Paribas has a presence in more than 80 countries and has more than 200,000 people on board, with over 160,000 employees in Europe. It services 13,000 corporate and institutional clients worldwide.